Yahoo Finance Discover 3 Undiscovered Gems In India With Promising Potential
The Indian market has climbed 1.6% over the last week and is up 43% over the past 12 months, with earnings forecast to grow by 17% annually. In this thriving environment, identifying stocks with strong fundamentals and growth potential can be key to capitalizing on these positive trends.
Top 10 Undiscovered Gems With Strong Fundamentals In India
Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
Le Travenues Technology | 10.32% | 26.39% | 67.32% | ★★★★★★ |
Yuken India | 27.96% | 12.35% | -44.41% | ★★★★★★ |
Indo Amines | 82.32% | 17.15% | 20.00% | ★★★★★☆ |
Gallantt Ispat | 18.85% | 38.22% | 31.27% | ★★★★★☆ |
Master Trust | 37.05% | 27.57% | 41.99% | ★★★★★☆ |
Lotus Chocolate | 13.51% | 28.07% | -10.66% | ★★★★★☆ |
Magadh Sugar & Energy | 85.41% | 6.90% | 11.82% | ★★★★☆☆ |
Sanstar | 50.30% | 37.73% | 58.24% | ★★★★☆☆ |
Sky Gold | 127.01% | 22.02% | 48.03% | ★★★★☆☆ |
Apollo Micro Systems | 38.51% | 10.59% | 11.93% | ★★★★☆☆ |
We're going to check out a few of the best picks from our screener tool.
BLS International Services
Simply Wall St Value Rating: ★★★★★★
Overview: BLS International Services Limited specializes in outsourcing and administrative tasks for visa, passport, and consular services to various diplomatic missions, with a market cap of ₹156.01 billion.
Operations: The company generates revenue primarily from Visa and Consular Services (₹14.71 billion) and Digital Services (₹3.34 billion).
BLS International Services has seen impressive earnings growth of 49.8% over the past year, outpacing the Professional Services industry’s 10.4%. The debt-to-equity ratio improved from 7.8 to 2.1 over five years, showing strong financial management. Recent Q1 results reported sales of INR 4,926.69 million and net income of INR 1,141.84 million compared to INR 689.13 million last year, reflecting robust performance and positive momentum in their operations and strategic initiatives like new HR leadership and expansion into Turkey with a subsidiary capitalized at TRY700 million (US$26M).
Newgen Software Technologies
Simply Wall St Value Rating: ★★★★★★
Overview: Newgen Software Technologies Limited is a software company that offers products and solutions across various regions including India, Europe, the Middle East, Africa, the Asia Pacific, Australia, and the United States with a market cap of ₹146.42 billion.
Operations: Newgen Software Technologies generates revenue primarily from its Software & Programming segment, amounting to ₹13.07 billion. The company operates across various regions including India, Europe, the Middle East, Africa, the Asia Pacific, Australia, and the United States.
Newgen Software Technologies has shown impressive growth, with earnings increasing by 43.7% over the past year and surpassing the software industry's 28.6%. The company’s debt to equity ratio has improved significantly from 16.3% to 4% in five years, indicating prudent financial management. Recent first-quarter results reported sales of ₹3,147 million and net income of ₹475 million, reflecting robust performance. Additionally, Newgen announced a final dividend of ₹4 per share for FY2024 at its recent AGM on July 25th.
Tips Industries
Simply Wall St Value Rating: ★★★★★★
Overview: Tips Industries Limited engages in the acquisition and exploitation of music rights in India and internationally, with a market cap of ₹95.41 billion.
Operations: The company generates revenue primarily from music rights, with the Music (Audio/Video) segment contributing ₹2.63 billion.
Tips Industries, a small cap player in the entertainment sector, has demonstrated impressive financial health and growth. Over the past year, earnings surged by 66.2%, far outpacing the industry's 11.6% growth rate. The company significantly reduced its debt to equity ratio from 12.1% to 2.8% over five years and reported net income of ₹435.63 million for Q1 FY2025, up from ₹271.01 million a year ago. Additionally, they declared an interim dividend of ₹2 per share for FY2024-25.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include NSEI:BLS NSEI:NEWGEN and NSEI:TIPSINDLTD.
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